Citable filing context
PPG's research view summarizes recent SEC filing context, starting with earnings from Jul 28, 2026.
| Filed | Item | Context |
|---|---|---|
| Jul 28, 2026 | earnings | PPG reported second quarter 2026 net sales of $4.5 billion, a 7% increase year over year. |
| Apr 28, 2026 | earnings | PPG reported Q1 2026 net sales of $3.9 billion and adjusted EPS of $1.83. |
| Apr 28, 2026 | management_change | PPG appointed Jamie A. Beggs as Senior Vice President and CFO, effective July 6, 2026, succeeding Vincent J. Morales. |
| Jul 28, 2026 | Guidance: adjusted_ebitda_margin | 0.00 to -100.00 |
| Jul 28, 2026 | Guidance: adjusted_eps | 7.70 to 8.10 |
| Jul 28, 2026 | Guidance: organic_sales_growth | 1.00 to 5.00 |
| Jul 29, 2026 | mda_quarterly | PPG reported net sales of $4.5 billion for the second quarter of 2026, a 7% year-over-year increase driven by higher selling prices, increased sales volumes, and favorable foreign currency translation. Despite top-line growth, income before income taxes fell to $569 million, impacted by raw material cost inflation and higher environmental remediation charges, specifically at the legacy New Jersey Chrome site. Performance across segments was mixed. The Industrial Coatings segment saw strong demand, with packaging coatings organic sales rising by double digits and automotive OEM coatings outpacing global production. Conversely, the Performance Coatings segment faced a double-digit decline in automotive refinish coatings due to difficult year-over-year comparisons and slower industry recovery, though aerospace and protective and marine coatings remained robust. Global Architectural Coatings benefited from strong retail and project-related sales in Mexico. Management continues to prioritize cost-control measures and pricing actions to offset inflationary pressures, aiming to fully neutralize cost-of-goods-sold inflation by the fourth quarter. Liquidity remains stable, with $1.6 billion in cash and short-term investments. The company maintains a disciplined capital allocation strategy, supported by a $2.3 billion revolving credit facility and ongoing restructuring initiatives expected to yield approximately $50 million in annual savings. |
| Apr 29, 2026 | mda_quarterly | Net sales for the first quarter of 2026 rose 6.7% to $3.93 billion, driven primarily by favorable foreign currency translation and higher selling prices. Income before income taxes increased to $517 million, supported by cost-control measures. Within reportable segments, Global Architectural Coatings saw growth led by strong retail and project demand in Mexico. Performance Coatings experienced double-digit organic growth in aerospace due to robust backlogs and travel recovery, though automotive refinish organic sales declined double-digits. Industrial Coatings saw double-digit growth in packaging coatings through share gains, offsetting lower index-based pricing in automotive OEM. A significant emerging risk is the Middle East conflict, which has increased volatility in petrochemical, energy, and logistics markets. This is expected to drive a mid-single-digit percentage increase in cost of goods sold for the remainder of the year, prompting PPG to implement price increases of up to 20% across all product lines. Financially, the company maintains a strong liquidity position with $1.6 billion in cash and short-term investments and a total indebtedness to total capitalization ratio of 45%. Planned capital expenditures for 2026 are estimated between $650 million and $700 million, with anticipated restructuring savings of $60 million. |
Source: SEC EDGAR filing text and events; period Jul 28, 2026; filed Jul 28, 2026.
PPG company research is available with Aerarium Pro (CAD $10/mo). The five showcase tickers (TSLA, NVDA, AAPL, AMZN, PLTR) and the macro dashboard stay free. Already a subscriber? Sign in to pick up where you left off.